SPOKANE COUNTY
Monthly Home Sales Report January 2023 SALES DOWN 42.3%
SOLD
Closed sales of single family homes on less than one acre including condos for January 2023 total 250 compared to January 2022 when the total was 422.
AVERAGE PRICE DOWN 2.8% The average closed price for January 2023 was $399,366 compared to January 2022 when the average price was $411,043.
MEDIAN PRICE DOWN 1.3% The median closed price for January 2023 was $370,000 compared to January 2022 when the median price was $375,000.
INVENTORY UP 151.6% FOR SALE
NEW
Inventory as of this report totals 566 properties which represents 2.3 months supply. Last year at this time supply was at a 0.5 months supply. Note: Months supply based on closed sales for January
NEW LISTINGS UP 7.0% The number of new listings in January 2023 was 517, up from January 2022 when 483 new listings were reported.
Information pulled on 02/01/2023. The information in this report is compiled from a report given by the Spokane Association of REALTORS® and to the best of our knowledge is accurate and current. ©Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Not intended as a solicitation if your property is already listed by another broker.